Jul 30, 2014

House Hunt: Investment Opportunities

Five homes under $100,000 that are great for potential investors.

House Hunt: Investment Opportunities House Hunt: Investment Opportunities House Hunt: Investment Opportunities House Hunt: Investment Opportunities House Hunt: Investment Opportunities

This week's House Hunt is for those that have always wanted to buy property as an investment. Prices and interest rates are at an all time low. The need for quality rental properties is at an all time high due to the number of people that have had foreclosures and short sales against them. Buying a low-priced home, fixing it up to be in great condition and renting it could create both a monthly cash flow as well as building long-term wealth.

There are currently  31 homes on the market in Dacula under $100,000 and this week's House Hunt features five of them. Click on the address link for all the details on that particular property.

1.  1470 Wilkes Crest Drive - $91,000

This is a three bedroom, two bath ranch home in Charleston Park, a neighborhood complete with community pool and lighted tennis courts. The kitchen features a breakfast area, pantry and view to the family room. The open dining room seats twelve and the master suite boasts a double vanity and garden tub.  Additionally, this home offers a bonus room and two car garage.  A steal at under $100,000!  (Marketed in conjunction with Prudential Georgia Realty)

2.  3061 Lakecrest Drive - $90,000

An adorable ranch home in the sought after Mill Creek school district, this home has three bedrooms and two baths in the Lake Park neighborhood.  All new and updated inside, this house has a large yard, double pane windows, storm doors and two-inch blinds.  With the convenience of everything on the main level, the home offers a great room, dining room and kitchen with breakfast room.  A darling home complete with hardwood floors, trey ceilings and walk-in closets this short sale opportunity won’t last!

3.  912 Autumn Glen Way - $90,000

Located in the Dacula school cluster, this also has three bedrooms and two baths. Situated in Nichols Landing subdivision, this is a cul-de-sac , level lot with a private backyard. Inside, this ranch home features 9-foot ceilings in the main living area, hardwood floors and a dining room that seats twelve.  The kitchen is complete with a breakfast area and pantry and the master bath has a double vanity and garden tub.  A bonus room adds to this charming home’s appeal.   (Marketed in conjunction with Prudential Georgia Realty)

4.  566 South Street - $79,900

This is a traditional ranch home with three bedrooms and two baths in the Dacula school cluster.  It has a very private backyard that backs up to a pasture.  There are nice hardwood floors and new light fixtures throughout the interior and exterior.  The kitchen is complimented with new appliances, and maple cabinets.  The baths, kitchen and laundry room all have been newly tiled.  On almost half an acre, level lot and priced at $79,900, this is a perfect investment opportunity.

5.  2798 Majestic Circle - $75,000

This three-bedroom, two-bath ranch is located in the Tanner Estates subdivision.  Its high points include the bright white kitchen, formal living room, den, and eat in kitchen complete with walk-in pantry. Perfect for empty nesters or a small family, this home is on a level lot with a private backyard with a fence, a front porch and an outdoor storage building. 

Click here to view all homes on the market in Dacula.

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For more information on these or other Dacula homes, call Scott Lacy, email him at scottlacy@kw.com or follow @ScottTheRealtor on twitter.

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